financial regulations

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...

Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...

New Delhi, April 7 Sebi on Tuesday extended the validity of IPO and rights issue approvals until September 30 to give companies more time to launch their offerings, amid ongoing tensions in West Asia.According to a Sebi circular, the regulator's observation letters, which were originally set...

New Delhi, April 2 In a significant regulatory move, the Securities and Exchange Board of India on Thursday proposed bringing back open market share buybacks through stock exchanges, following recent changes in the tax framework.In a consultation paper, the market regulator suggested that...

New Delhi, March 31 The new income tax law and other budgetary provisions, including a higher Securities Transaction Tax (STT) on F&O trading and a lower TCS on overseas tour packages and LRS remittances for medical and educational purposes, will come into effect from April 1.Also, the Budget...

Bank Locker Insurance Coverage Set at 100 Times Annual Rent New Delhi, March 30 – The standard insurance coverage for bank locker holders is set at 100 times the annual locker rent in case of any loss, according to Finance Minister Nirmala Sitharaman.Standard Insurance Policy Details The...

New Delhi, March 25 The market regulator, Sebi, on Wednesday allowed members of the Institute of Cost Accountants of India to conduct the annual audits of research analysts and investment advisors, a move that will expand the pool of eligible professionals.Previously, only members of the...

Mumbai, March 23 The Securities and Exchange Board of India (SEBI) board on Monday decided to allow foreign portfolio investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually, a move aimed at enhancing operational efficiency and reducing their...

SEBI Settlement Scheme: 111 Brokers Resolve Algo Trading Violations by Paying ₹1 Lakh Each SEBI Allows Time-Bound Settlement for Algo Platform-Linked Brokers New Delhi, March 18: A total of 111 entities have settled pending enforcement proceedings with the Securities and Exchange Board of India...

Kolkata, February 26: The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing made on Thursday.Bandhan Bank informed the stock exchanges that the central bank, through a...

New Delhi, February 26: The Securities and Exchange Board of India has unveiled a comprehensive overhaul of the mutual fund classification framework, introducing a new category of Life Cycle Funds, discontinuing Solution Oriented Schemes, and tightening disclosure as well as portfolio overlap...

Shares of Aditya Infotech Ltd are set to remain in focus on Wednesday after sources indicated that the company’s promoters, along with Dixon Technologies, are likely to divest up to a 5.8 percent stake through a block deal estimated at around ₹1,000 crore.Block Deal Details and Likely Discount...

Mumbai, February 23: The Securities and Exchange Board of India has announced a comprehensive review of the regulatory framework governing Portfolio Management Services. SEBI Chairman Tuhin Kanta Pandey said the regulator will reassess the SEBI Portfolio Managers Regulations, 2020 to ensure they...